Paul A. Samuelson Book order

General MacTiger is the most magnificent animal in the jungle, until the python steals his stripes. And so he must use all his guile and ingenuity to play the jungle animals off against each other to regain them.

The book features a dialogue between renowned economists Pierangelo Garegnani and Paul Samuelson, delving into classical and marginalist (neoclassical) economic theories. Their discussion is enriched by a new introduction from Heinz Kurz, providing context and insights into the contrasting perspectives of these influential economic frameworks.

This volume is compiled by Paul A. Samuelson, winner of the 1970 Nobel Prize in Economics. He brings together a collection of peer interviews to create an account of the development of modern economics and gives a personal history of those who helped found it

Paul A. Samuelson, (geb. 1915) ist der bekannteste Ökonom der zweiten Jahrhunderthälfte. Er studierte neben George Stigler und Milton Friedman in Chicago und übernahm 1940 eine Dozentenstelle am Massachusetts Institute of Technology (MIT), wo er bis heute lehrt und forscht. 1970 erhielt er als erster Amerikaner den Wirtschafts-Nobelpreis für seine »wissenschaftlichen Arbeiten, durch die er ökonomische Theorien - statische wie dynamische - weiterentwickelte und aktiv dazu beitrug, das Niveau ökonomischer Analysen anzuheben«. Samuelsons theoretisches Hauptwerk »Foundations of Economic Analysis« (1947) beschreibt und analysiert mit einem umfassenden mathematischen Ansatz die Gesetze der Marktwirtschaft. Es gilt als Meilenstein moderner Wirtschaftswissenschaft. Samuelsons berühmt gewordenes Korrespondenz-Prinzip markiert den Ausgangspunkt des heutigen Interesses der dynamischen Ökonomie. »Nie vorher und nie nachher sind die analytischen Verfahren... ähnlich streng, vollständig, beispielhaft und definitiv abgehandelt worden... Zu einem Klassiker wurden Samuelsons „Foundations“ gerade durch die Vielgestaltigkeit der von ihnen ausgehenden Impulse« (Jürg Niehans).

Samuelson’s text was first published in 1948, and it immediately became the authority for the principles of economics courses. The book continues to be the standard-bearer for principles courses, and this revision continues to be a clear, accurate, and interesting introduction to modern economics principles. Bill Nordhaus is now the primary author of this text, and he has revised the book to be as current and relevant as ever.

An introduction to modern economic principles, this edition features a new chapter on open economy economics. There is continued emphasis in this text on the analytical core of economics with particular attention paid to the analysis of market economics.

The 14th editon of this text is based on the results of extensive research and features some major changes. Microeconomics is now covered before macroeconomics to encourage the concepts of microeconomic foundations. There is a focus on rediscovering the power of the market, giving special attention to the changes in Eastern Europe. The book places emphasis on the open economy with continued increase in global economics and the interaction between international trade and domestic economic events. It aims to present a balanced treatment of all the major schools of modern macroeconomic theories, using real world experiences and policies to illustrate the fundamentals of economic principles.